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Different schools of thought have different ideas regarding the best perspective on inflation. Price inflation measured through a basket is what media is usual
by fwn 4y ago
Different schools of thought have different ideas regarding the best perspective on inflation.
Price inflation measured through a basket is what media is usually referring to. .. that can be impacted by all sorts of things, be it price hikes in some industries or broad and steady price increases through prior monetary inflation.
No inflation is neutral though. Even monetary inflation has beneficiaries as those closer to the source of new money pay old prices the longest, for example.